Citadel Investment Group Initiates Stake in Home Company Inc (NWHM); Raises Holding in Ralph Lauren Corp (RL)

Hedge fund Citadel Investment Group, managed by Ken Griffin, has disclosed a new stake in New Home Company Inc (NYSE:NWHM). The stake contains 917,136 shares, equal to 5.2% of the common stock. In a separate filing Citadel Investment Group, also revealed that it has significantly upped its stake in Ralph Lauren Corp (NYSE:RL) to 3.17 million shares from 1.16 million shares held at the end of the third quarter. The current holding equals 5.3% of the common stock of the company.

CITADEL INVESTMENT GROUP

New Home Company Inc (NYSE:NWHM) is a homebuilder company. Recently the company acquired The Calabasas Inn from D2 Development Inc and will build The Village at Calabasas. The company also partnered with Tricon Capital Group Inc. and will together provide financing for The Village at Calabasas.

In the last couple of days, there were quite many insider purchases in New Home Company Inc (NYSE:NWHM), Cathey Lowe, Michael Berchtold, Sam Bakhshandehpour and William Witte, director at New Home Company, purchased the shares of the company and now holds 4,750, 28,750, 6,050 and 53,750 shares each.

A couple of months ago, several insiders sliced their holdings in Ralph Lauren Corp (NYSE:RL), amongst them were Steven Murphy, director and Jackwyn Nemerov, President & COO who now holds 4,942 shares and 38,781 shares respectively.

Of all the hedge funds we track, Tony Chedraoui’s Tyrus Capital, is the largest shareholder of Ralph Lauren Corp (NYSE:RL). It initiated a position in the third quarter of 2013 and now holds 110,000 shares worth $18.12 million.

Caerus Global Investors, managed by Ward Davis, is another hedge fund who is bullish on the stock, and boosted its position in the stock by 128% and now holds 23,709 shares.

Recently, Citadel Investment Group boosted its position in RF Micro Devices Inc (NASDAQ:RFMD) to 16.92 million shares by purchasing 8.17 million shares of the company. The fund also boosted its position in Take Two Interactive Software Inc. (NASDAQ:TTWO) to 4.91 million shares from 2.03 million shares held earlier.

Disclosure: none

Recommended reading:

Grisanti Brown & Partners’ Top Five Holdings Include Valero Energy Corporation (VLO), Marathon Petroleum Corp (MPC) & Others

Giovine Capital Top Picks: Forest Laboratories Inc. (FRX), Vodafone Group Plc New (VOD) & Others

Zenit Asset Management’s Top Picks Include EBAY Inc. (EBAY), and Amazon.com, Inc. (AMZN) Among Others

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!